Friday, May 3, 2013

Feature-rich Website www.licapital.org Utilizes Social
Media Technologies to Bring Emerging Companies Together with the Investment
Community

Melville, NY – May
1, 2013
– The Long Island Capital Alliance
(“LICA”),
the leading non-profit capital formation and business development organization
serving regional companies, today announced the launch of its newly formulated website
complete with the latest in social media capabilities. LICA invites all interested parties to visit
the new website at www.licapital.org.

In
order to better serve a broader segment of the investment community and
regional companies seeking capital, the revamped website provides a
feature-rich platform designed for non-profit organizations such as LICA, with
enhanced information sharing and search engine optimization technologies, as
well as streamlined membership, sponsorship, event registration and presenting
company application procedures. In
addition, LICA has made other improvements to its website to stay ahead of
capital formation trends and ongoing regulatory changes.

To further expand the use of LICA’s redesigned
website, all significant forms of social media have been incorporated. LICA believes it is the first regional
capital formation services organization to have its own YouTube channel. Other social media capabilities include Twitter,
Linked In, Facebook, and a link to LICA’s blog, all provided in an effort to expand
the reach of capital providers and local emerging businesses.

Neil Kaufman,
chairman of LICA and chairman of the corporate department at Abrams Fensterman,
stated that, “One of the exciting enhancements to our new website is a section
that provides online videos of our capital forum presentations and investor
panels, which will be easily accessible by prospective investors and
entrepreneurs. In this way, we are looking forward to taking full advantage of
the impending SEC rule change permitting general advertising of Rule 506
private placements to accredited investors, in order to bring maximum benefit
to our presenting companies and investors.”

LICA
recognizes that the competition for capital is intense – even with the best
investment ideas, strongest management teams and sophisticated strategic
partners. LICA continues to do its part
to facilitate access to investment for the local business community.

LICA’s
new website provides improved access and registration for the organization’s
events. Online registration is now
available for the next event -- the Biotech Technology Transfer Capital Forum
with Cold Spring Harbor Laboratory scheduled for June 14, 2013. At this event, Cold Spring Harbor Laboratory
scientists will present some of the exciting new technologies developed there
to biotech investors, and investors will have an opportunity to meet and
establish relationships with the Cold Spring Harbor Laboratory officials and
scientists.

About the Long Island Capital Alliance:

Since 1984, the
Long Island Capital Alliance (www.licapital.org), formerly known as Long Island Venture Group,
has been promoting business growth on Long Island. LICA seeks to create a productive and
business-friendly environment that will afford area businesses access to the
resources necessary to compete successfully in today's markets. LICA serves as
a focal point for the exchange of ideas among new and existing business
enterprises, successful entrepreneurs, investors, and service providers.
Through quarterly capital forums and special meetings, LICA brings together
members of the region's business community, and has been recognized as the place
to turn to when small businesses need equity, debt, or other financing, or for
investors to find an attractive investment opportunity.

LICA's
mission is to encourage economic development on Long
Island by facilitating capital formation for a broad range of
companies in various industries, from early stage to mature middle market
closely held and publicly-traded businesses. LICA accomplishes this primarily
through education, networking, quarterly capital forums, periodic special
educational meetings, and alliances with other regional organizations. LICA
brings together members of the region's business community and serves as the
finance arm for significant local business and organizations.

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About LIcapital.org

Since 1984, the Long Island Capital Alliance [ www.LIcapital.org ] has been striving to stimulate capital formation and business development on Long Island.
LIcapital is the place to turn to when your business needs equity, debt or other financing, or if you are seeking an attractive investment opportunity.